Newsom Pushes California Wildfire Liability Overhaul as Utility Fund Runs Low
Newsom Pushes California Wildfire Liability Overhaul as Utility Fund Runs Low/ TezzBuzz/ WASHINGTON/ J. Mansour/ California Gov. Gavin Newsom is seeking a deal that would reduce utilities’ financial exposure when their equipment sparks destructive wildfires. The proposal could shift more property losses to insurers, limit some victim and attorney payments and require utilities to compensate … Read more